Autumn Statement 2014 – £2.3bn for flood defences

5 December 2014

Announced in the budget this week was the welcome news of an increase to the flood budget for 2014/2015. For the thousands of homes affected by flood this year this will certainly be a step in the right direction….

A £2.3bn investment is being implemented over the next six years to protect some of the country’s most at-risk locations. Flood defences were battered in last winter’s storms and the Treasury is aiming for 96.4% of the most important defences to be restored and enhanced by April 2015.

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